OpenAI, SoftBank, Oracle, and MGX announced the Stargate Project, a $500 billion commitment over four years to build AI compute infrastructure in the United States, with $100 billion deployment beginning immediately. SoftBank will hold financial responsibility, OpenAI will hold operational responsibility, and the buildout will start in Texas with additional campuses under evaluation. This is one of the largest announced AI infrastructure commitments to date and represents a coordinated effort among multiple technology and capital partners to consolidate large-scale compute capacity, raising the baseline capital requirement for frontier AI deployment and potentially tightening the timeline pressure on power and land acquisition relative to physical construction timelines.
311 other tracked developments touching the same claims.